Transwestern Breaks Ground on Multifamily in Arizona
TEMPE, Ariz., — Transwestern Development Co. has broken ground on VELA at Town Lake, a 290-unit luxury apartment community in Tempe, Ariz. Transwestern Development Co. purchased...
Category : Multi-Family
Camden Starts Multifamily Project in Houston’s Midtown
HOUSTON – Camden Property Trust, a Houston-based REIT led by Ric Campo, has started construction on Camden McGowen in Houston’s Midtown area. The $90 million...
Residential Rental Rates Up 24 Percent in Oil-Rich Midland, Texas
MIDLAND, Texas – Residential rental rates have risen 24 percent in the last year in Midland, due to high demand generated by the energy industry,...
Transwestern/Amstar Developing Multifamily in San Antonio
SAN ANTONIO – Transwestern Development Co. and Amstar, a Denver-based real estate investment manager acting on behalf of one of its public retirement system clients,...
MIG Buys 256-unit Heights Apartments from Wood Partners
HOUSTON – MIG Real Estate, a Newport Beach, California-based real estate investment company, has acquired Alta Heights, a 256-unit apartment community in The Heights community...
900-Unit Portfolio of Houston Apartments Sold
HOUSTON – A 900-unit portfolio of four apartment projects in Houston has been sold. Southwest Multifamily Partners, a commingled fund jointly led by Los Angeles-based...
Fein Goes Double-Down with Second Apartment Project Next to new Exxon Mobil Campus
HOUSTON — Fein, a Houston-based multifamily firm founded by Martin Fein, is starting its second apartment development in Springwoods Village where the Exxon Mobil’s massive...
Patrinely/USAA Developing Westchase Apartment Project
HOUSTON – Crimson Real Estate Fund and USAA Real Estate Co. have announced plans to develop a 266-unit apartment project in in the Westchase submarket...
Multifamily Shakeup: ARA Apartment Brokerage Firm Selling for $110 Million
NEW YORK — BGC Partners, the owner of Newmark Grubb Knight Frank brokerage, has agreed to acquire Apartment Realty Advisors (ARA) for $110 million. ARA...
Camden Planning a Pair of High-Rise Towers in Downtown Houston
HOUSTON – Camden Property Trust, a Houston-based REIT led by Ric Campo, is planning two high-rise residential towers in downtown Houston. The apartment towers will...